EITI launches 2023 EITI Progress Report

The EITI today launched its flagship 2023 EITI Progress Report, highlighting pivotal developments and activities driving progress across the organisation’s six strategic priorities. These include assisting countries and companies in navigating the energy transition, addressing corruption risks, informing investment decisions, publishing open data and strengthening domestic revenue mobilisation, as well as measuring the EITI’s impact.

“In a world where volatility is the new normal, extractive industries find themselves at a critical crossroads,” said Rt Hon. Helen Clark, EITI Board Chair, in her foreword. “As shifting dynamics affect local economies and livelihoods, we must redouble our efforts to ensure responsible stewardship of finite natural resources, guarding against corruption and the misuse of resource wealth. Transparency and accountability mechanisms are paramount in supporting this effort.”

In a world where volatility is the new normal, extractive industries find themselves at a critical crossroads.

The report further showcases innovations and progress in EITI implementing countries, as well as leading practices in key areas of extractive sector management including beneficial ownership transparency, community engagement and corporate reporting.

“The 2023 EITI Standard guides our efforts by providing a framework for transparency and accountability. It enables us to address emerging challenges and capitalise on new opportunities,” said Mark Robinson, EITI Executive Director. “The stories in this report reflect the collective efforts at the national and international levels to navigate this transformative period.”

The report is available in a new and immersive digital format, accessible via mobile or desktop on the EITI website.